Shake Shack
SHAK
195 hedge funds and large institutions have $1.92B invested in Shake Shack in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 87 increasing their positions, 39 reducing their positions, and 33 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 39
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0% more call options, than puts
Call options by funds: $75.8M | Put options by funds: $75.5M
3% less funds holding
Funds holding: 200 → 195 (-5)
10% less capital invested
Capital invested by funds: $2.13B → $1.92B (-$210M)
12.08% less ownership
Funds ownership: 116.49% → 104.41% (-12%)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$53.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$47M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.8M |
| 4 |
Renaissance Technologies
New York
|
+$16.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$116M |
| 2 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
-$51.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.8M |
| 4 |
BM
Bridger Management
New York
|
-$23.2M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$23.2M |
SHAK Hedge Fund Activity: Q3 2018 in Review
195 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Shake Shack (SHAK) for Q3 2018, worth a combined $1.92B — down 9.8% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of SHAK and 29 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 87 added.
The largest buyer was BlackRock, adding an estimated $53.8M. The largest seller was Morgan Stanley, cutting an estimated $116M.
- 195 institutional investors held Shake Shack (SHAK) as of Q3 2018, down from 200 in Q2 2018.
- Funds reported $1.92B of Shake Shack stock for Q3 2018, down 9.8% quarter-over-quarter.
- 29 funds opened new Shake Shack positions in Q3 2018 and 33 closed out, a net change of -4 holders.
- The largest Shake Shack buyer in Q3 2018 was BlackRock, an estimated $53.8M added.
- The largest Shake Shack seller in Q3 2018 was Morgan Stanley, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2018.